13 Parsons Dr, Beverly, MA, 01915 | 6.88% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Total monthly income runs $4,866/mo, and a $4,155/mo payment. Purchase price stands at $849,000, and rental yield measures 6.88% with $4,866/mo rent. Return on cash invested shows 17.98% in year one, and 5% annual appreciation builds toward $234,563 over five years. Five-year ROI reaches 92.61% and total cumulative return in cash records $258,680. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,866/mo property income covering a $4,155/mo payment rather than investor’s personal income.

Single Family

Built in 1950

6,660 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 01915, Beverly, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,093 (100%)
Owner Occupied HU	10,212 (56.4%)
Renter Occupied HU	7,010 (38.7%)
Vacant Housing Units	871 ( 4.8%)
Median Home Value	$694,591
Average Home Value	$776,231